Anempirical Analysis Of Low-carbon Barriers’ Impact On Guangdong’s Economy

At present, the issue of climate change has become one of the most concernfocuses around the world after economic development. Adjusting the energy structure,production and consumption patterns, reducing greenhouse gas emissions, hasbecome an unshakable main trend in the cycle economic. In this context, Somedeveloped countries, by virtue of its dominance in economic and technological, beganto apply carbon labels, carbon tariffs, carbon neutral, carbon-carbon standards andother carbon barriers to restrict exports of other countries, in order to protect theirnational interests.China’s economy is in a rapid growth period, there is an inevitably contradictionbetween the high “carbon demand” and “carbon emissions”. As a big foreign tradeprovince in china, Guangdong province’s foreign trade structure mainly focuses onchemical industry, paper making, machinery, textiles, electronics and other industries.These industry chain is short, low added value. On one hand, the large-scale exporttrade becomes the driving force of economic growth. On the other hand, it alsobrought a lot of consumption and carbon emissions, which makes contradictionbetween Guangdong Province carbon emissions and economic development more andmore prominent.This paper use input-output model, making an estimate of the GuangdongProvince energy consumption per unit output value of the production industriesandexport of carbon emissions data as well as the CO2emissions of exported tradecountry in different industries from2002to2011. In the open condition, this papertakes carbon tariff for example to study the influence of low-carbon economy inGuangdong economy by general equilibrium model.The results show that in2011the three highest carbon emission industries inGuangdong Province is electricity and heat sector (5.23million tons), non-metallicmineral products industry (4.89million tons), paper and paper products industry (4.33million tons); Threeminimum industry is non-ferrous metal industry, followed byindustry (10tons),tobacco products (1200tons) and instrumentation and officemachinery manufacturing (1300tons).There are three industries that are most affected by the imposed carbon tariffs,which are non-metallic mineral products, paper and paper products and the textileindustry. The additional costs and tariff rate after conversion caused by export CO2emission as well as carbon tariff in textile and garment industry are lower than emission level of textile industry. The textile and garment industry export advantage issignificantly higher than the textile industry after imposed carbon tariffs. Whencarbon tariff rate is12%, the export volume will decrease3.89percent and the totalvalue of exports will fall13.53percent, domestic consumption of composite productswill decline about1.13percent, down3.28percent of the total household demandand3.29percent of the household sector.